AI Analysis
AI-generated analysis. Always verify with the original filing.
Token Cat Limited entered into a Securities Purchase Agreement to sell up to $119,590,000 of Class A ordinary shares at $0.0012457 per share. The offering is conducted under Regulation S and Section 4(a)(2) exemptions, with payment accepted in USD or cryptocurrency.
Key Takeaways
1Token Cat Limited agreed to sell up to an aggregate of $119,590,000 of Ordinary Shares.
2The purchase price is set at USD 0.0012457 per share.
3Payment may be made in USD cash or in cryptocurrencies, at the Company's sole discretion.
4The securities offering relies on exemptions under Section 4(a)(2) of the Securities Act and/or Regulation S.
5Each Purchaser represents that they are a 'non-US person' as defined in Regulation S.
6The Agreement is dated February 12, 2026, with the filing occurring on February 13, 2026.